2. Subject to the approval of the Diet, and while taking into consideration the size of each country’s contribution, the Government of Japan intends to contribute up to $1.5 billion or 15% of the total contributions. (This $1.5 billion, equivalent to 154 billion yen, is calculated on the basis of the GCF’s reference exchange rate.)

3. By announcing its pledge, the Government of Japan expects to provide great momentum to the ongoing climate change negotiations.